Myanmar BUILD & DECOR 出展者募集中

Myanmar
construction
industry
is
growing
at
an
exponential
rate
with
a
GAGR
of
20%.

The residential and infrastructure sectors combined to almost 80% of the entire industry especially
residential
which had 49% of the market or investment value of about 1.5 billion US$.

Myanmar’s construction is still mainly concentrated in the residential sector fueled by government housing plans and private commercial residential developments such as detaches houses,
apartments, and high end condominiums driven by urbanization.

In 2013, the Myanmar Ministry of Construction announced a
target to build more than one million houses across the country. This is slated to take a period of 20years (50,000 units annually) to meet the demand for residential real estate.

According to the Department of Human Settlement and Housing
Departmant(DHSHD)
only 7,000 houses are currently being built versus the annual demand of 20,000units.

The government has indicated its willingness to co-operate with private sector construction companies in major cities such as Yangon and Mandalay while wholly carrying out construction in other
areas of the country using government loans.

The
use
of construction materials in Myanmar from past to present has been mainly for functional until the third quarter of 2013 when more high rise hotels and building in Yangon have been built with
more design, according to SGC Cement Materials Myanmar Executive. This growing development can be seen more commonly in restaurants, hotels and condominiums nowadays In Yangon with more design,
more modernized and décor.